World Current Affairs MCQs – Set 5 | Latest Global Affairs 2026 - PrepWis

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Sunday, August 16, 2026

World Current Affairs MCQs – Set 5 | Latest Global Affairs 2026

World Current Affairs MCQs – Set 5

Test your knowledge of the latest international developments with these 20 World Current Affairs MCQs. Each question contains four options. Click Show Correct Answer to check the answer and a short explanation.

1. Which country announced a new tax amnesty scheme for small taxpayers with undisclosed foreign assets on 16 August 2026?

  • A. India
  • B. Indonesia
  • C. Malaysia
  • D. Singapore
Show Correct Answer
Correct Answer: A. India
India opened a tax amnesty scheme allowing certain small taxpayers to declare previously undisclosed foreign assets.

2. Up to what value of undisclosed foreign assets does India's new tax amnesty scheme cover?

  • A. 5 million rupees
  • B. 10 million rupees
  • C. 50 million rupees
  • D. 100 million rupees
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Correct Answer: C. 50 million rupees
The scheme covers certain undisclosed foreign assets valued at up to 50 million Indian rupees.

3. Until which date will India's 2026 tax amnesty scheme remain open?

  • A. 30 September 2026
  • B. 31 October 2026
  • C. 30 November 2026
  • D. 31 December 2026
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Correct Answer: D. 31 December 2026
India's government said the limited-time declaration scheme will remain available until 31 December 2026.

4. German companies' direct investment in the United States fell to what amount in the first half of 2026?

  • A. €4.3 billion
  • B. €8.6 billion
  • C. €12.5 billion
  • D. €15.8 billion
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Correct Answer: A. €4.3 billion
German companies' direct investment in the United States dropped to €4.3 billion in the first half of 2026, the lowest level since 2023.

5. By approximately what percentage did German direct investment in the United States fall year-on-year in the first half of 2026?

  • A. One-third
  • B. One-half
  • C. Nearly two-thirds
  • D. Nearly one-quarter
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Correct Answer: C. Nearly two-thirds
The German Economic Institute calculated that first-half direct investment fell by nearly two-thirds compared with the same period of 2025.

6. Which German research institute provided the calculations on the country's investment in the United States?

  • A. Ifo Institute
  • B. German Economic Institute
  • C. Kiel Institute
  • D. Max Planck Institute
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Correct Answer: B. German Economic Institute
The German Economic Institute, known as IW, calculated the investment figures using German central-bank data.

7. Which country is seeking to increase domestic cooking-gas production because of supply disruptions linked to the Middle East conflict?

  • A. India
  • B. Thailand
  • C. Vietnam
  • D. Bangladesh
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Correct Answer: A. India
India has directed oil companies to increase cooking-gas output and build supply buffers after disruptions caused by the Middle East conflict.

8. What maximum daily cooking-gas production target did India set for its refineries?

  • A. 43,810 metric tons
  • B. 53,810 metric tons
  • C. 63,810 metric tons
  • D. 73,810 metric tons
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Correct Answer: C. 63,810 metric tons
India's government set a maximum daily production target of 63,810 metric tons of cooking gas for state-run and private refineries.

9. According to the U.S. Energy Information Administration, approximately how much Middle Eastern oil production was shut in during July 2026?

  • A. 1.5 million barrels per day
  • B. 3.0 million barrels per day
  • C. 5.5 million barrels per day
  • D. 8.5 million barrels per day
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Correct Answer: C. 5.5 million barrels per day
The EIA estimated that about 5.5 million barrels per day of Middle Eastern oil production was shut in during July.

10. How much Middle Eastern oil production does the EIA expect could remain shut through the end of 2027?

  • A. 200,000 barrels per day
  • B. 400,000 barrels per day
  • C. 600,000 barrels per day
  • D. 1 million barrels per day
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Correct Answer: C. 600,000 barrels per day
The EIA expects about 600,000 barrels per day of regional production could remain offline through the end of 2027.

11. What average Brent crude oil price did the U.S. EIA forecast for 2026 in its August 2026 outlook?

  • A. $69.39 per barrel
  • B. $76.81 per barrel
  • C. $82.50 per barrel
  • D. $86.81 per barrel
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Correct Answer: D. $86.81 per barrel
The EIA raised its 2026 Brent crude forecast to an average of $86.81 per barrel because of prolonged supply disruptions.

12. Which African football confederation formally backed Gianni Infantino for the 2027 FIFA presidential election?

  • A. CAF
  • B. UEFA
  • C. AFC
  • D. CONCACAF
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Correct Answer: A. CAF
The Confederation of African Football, or CAF, formally backed FIFA President Gianni Infantino ahead of the 2027 election.

13. Where is the 2027 FIFA presidential election scheduled to take place?

  • A. Switzerland
  • B. Morocco
  • C. France
  • D. Qatar
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Correct Answer: B. Morocco
The FIFA Congress will hold the presidential election in Morocco on 17 March 2027.

14. How many member associations are entitled to vote in a FIFA presidential election?

  • A. 193
  • B. 200
  • C. 211
  • D. 224
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Correct Answer: C. 211
FIFA has 211 member associations, with each association holding one vote in the presidential election.

15. What minimum number of votes is required to win a FIFA presidential election when there are two candidates?

  • A. 96
  • B. 101
  • C. 106
  • D. 111
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Correct Answer: C. 106
A simple majority of 106 votes is required when two candidates are standing.

16. Which Russian political party was barred from participating in the country's upcoming parliamentary elections by the Supreme Court?

  • A. Yabloko
  • B. Rodina
  • C. United Russia
  • D. Communist Party
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Correct Answer: A. Yabloko
Russia's Supreme Court barred the liberal Yabloko party from contesting the upcoming parliamentary elections.

17. Which UN investigative mechanism reported an escalation of war crimes and serious abuses in Myanmar?

  • A. UNHCR
  • B. IIMM
  • C. UNDP
  • D. UNCTAD
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Correct Answer: B. IIMM
The Independent Investigative Mechanism for Myanmar reported escalating war crimes and crimes against humanity in the country.

18. Which North African country arrested at least 111 people attempting to reach Spain's enclave of Ceuta?

  • A. Algeria
  • B. Tunisia
  • C. Morocco
  • D. Libya
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Correct Answer: C. Morocco
Moroccan authorities arrested at least 111 people during a security operation aimed at preventing another mass crossing toward Spain's Ceuta.

19. Which U.S. state was hit by Hurricane Lala in August 2026?

  • A. Florida
  • B. Hawaii
  • C. Texas
  • D. California
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Correct Answer: B. Hawaii
Hurricane Lala struck Hawaii with strong winds and heavy rain, causing widespread power outages and dangerous flooding conditions.

20. How many Ukrainian drones did Russia's Defence Ministry say it had downed across the country during the major attack on 16 August 2026?

  • A. 322
  • B. 522
  • C. 722
  • D. 822
Show Correct Answer
Correct Answer: D. 822
Russia's Defence Ministry said its forces had downed 822 Ukrainian drones across the country during the overnight attack.

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